Max Bleyleben of Kennet Partners, a London-based growth equity investor in technology companies in Europe and the US, has posted a great argument that European tech investing is “coming of age”. Indeed, he says Index Capital’s Giuseppe Zocco “has a thesis that there is a crop of sucessful VC-backed startups in Europe that would normally sell out early, but could in fact become global market leaders given the right backing.” It’s important that Index Ventures have closing their €400m growth equity fund. And there are new funds now from Carlyle, Fidelity Ventures and Wellington among others. He says “this is the strongest sign yet that European tech investing is coming of age.”

Well said. Now, of course, cynics might argue that many of the above companies having nothing to do with Web 2.0 or Mobile 2.0 – however, it’s really the building blocks for investment that are important here. Now it’s up to the companies.